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Commodities

Luberef Smashes Earnings Expectations in First Half of 2026

Guavy AI Editorial Team
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Oil
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Saudi Aramco Base Oil Company - Luberef, listed as [2223], has reported record earnings and margins for the first half of 2026. The company achieved this through strong base oil pricing and operational excellence.

The growth II project is advancing, with shutdowns rescheduled to maximize profitability. Despite geopolitical and logistical challenges, financial flexibility and robust cash flow support continued investment and shareholder returns.

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